Business Weekly (Zimbabwe)

ZITF to morph into a US$ 300m ‘Smart City’ oasis

- Business Writer

THE Zimbabwe Internatio­nal Trade Fair (ZITF) Company has set the stage for a transforma­tive ambitious project at its premises in Bulawayo. The ambitious plan involves revamping the Zimbabwe Internatio­nal Exhibition Centre (ZIEC) into a modern “Smart City” dubbed ZICES (Zimbabwe Internatio­nal Conference and Exhibition Smart City).

This developmen­t, with a projected price tag of US$300 million, promises to revitalise the region and establish Bulawayo as a premier destinatio­n for business tourism, commerce, cultural immersion and leisure activities, according to a statement released by the company.

“The works will transform the precinct into a dynamic mixed-use developmen­t on the prime 17-acres of real estate located close to Bulawayo Central Business District,” reads the statement in part.

The ZICES masterplan represents a longterm vision for the ZIEC grounds. Far from simply being an exhibition center, ZICES will be a vibrant hub encompassi­ng a variety of experience­s.

A brand new internatio­nal convention center capable of hosting up to 5,000 delegates will be the centerpiec­e of the developmen­t, while a 500-room hotel seamlessly connected to the convention center, is expected to eliminate the need for long commutes.

For those seeking an extra touch of luxury, a 5-star boutique hotel will cater to VIPs and visiting dignitarie­s.

But ZICES won’t be all business. Recognisin­g the importance of leisure and recreation, the plan incorporat­es a contempora­ry retail complex. which will offer a diverse range of shopping, dining and entertainm­ent options, providing a one-stop shop for residents and visitors alike.

A unique themed park is another captivatin­g feature of the ZICES vision. This park will be a celebratio­n of Zimbabwe’s rich heritage and landmarks. It will weave Zimbabwe’s history and natural beauty into the visitor experience, potentiall­y featuring iconic figures like its Kings and Queens.

Beyond leisure and entertainm­ent, ZICES will cater to the business world as well. Modern office spaces will be built to provide a conducive environmen­t for businesses to thrive and grow. The developmen­t will prioritise sustainabi­lity with the inclusion of eco-friendly parks and pedestrian walkways designed to meet internatio­nal standards.

While the project is ambitious, it also recognises the importance of preserving the past. The ZICES plan incorporat­es the careful restoratio­n and modernisat­ion of over 25 existing structures on the site that hold historical significan­ce. This thoughtful approach ensures that ZICES respects its roots while embracing a modern future.

“The unveiling of the new ZITF Masterplan and Smart City represents a transforma­tive moment for Bulawayo and underscore­s our commitment to driving sustainabl­e growth and developmen­t in the region.

“By revitalisi­ng the ZICES we aim to create a vibrant hub for commerce, hospitalit­y, and leisure, while also celebratin­g Zimbabwe’s rich cultural heritage,” commented Busisa Moyo, chairman of the ZITF Company.

The ZITF Company is actively engaging stakeholde­rs to bring this vision to life. Public-Private Partnershi­ps (PPP) are a potential model for financing key aspects of the project. The Zimbabwean government has also pledged its support through investment incentives aligned with the country’s National Developmen­t Strategy 1 (NDS1), which aims to propel Zimbabwe towards upper-middle-income status by 2030.

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